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Date: 10-28-2022
Case Style:
Case Number: 3:22-cv-409
Judge: Brian A. Jackson
Court: United States District Court for the Middle District of Louisiana (East Baton Rouge Parish)
Plaintiff's Attorney:
Defendant's Attorney: Karuna Dave
Description: Baton Rouge, Louisiana consumer credit lawyer represented Plaintiff who sued Defendant on a Fair Credit Reporting Act violation theory.
Consumer credit law is a body of law that regulates the relationship between consumers and creditors. It is designed to protect consumers from unfair and deceptive practices by creditors, and to ensure that consumers have access to credit on fair and reasonable terms.
The primary federal law governing consumer credit is the Consumer Credit Protection Act (CCPA), which was enacted in 1968. The CCPA is a complex law that has been amended several times since its enactment. It contains a number of provisions that protect consumers, including:
Truth-in-lending: The Truth-in-Lending Act (TILA) requires creditors to provide consumers with clear and accurate information about the terms of a credit transaction, including the interest rate, fees, and other costs.
Fair credit reporting: The Fair Credit Reporting Act (FCRA) regulates the collection and use of consumer credit reports. It gives consumers the right to access their credit reports, dispute inaccurate information, and limit the use of their credit reports for certain purposes.
Fair debt collection practices: The Fair Debt Collection Practices Act (FDCPA) prohibits debt collectors from engaging in abusive or deceptive practices.
In addition to the CCPA, there are a number of other federal laws that protect consumers in the credit market, including the Equal Credit Opportunity Act (ECOA), the Home Mortgage Disclosure Act (HMDA), and the Real Estate Settlement Procedures Act (RESPA).
State laws also play an important role in protecting consumers in the credit market. Many states have their own consumer credit laws that supplement the federal laws.
Consumer credit law is a complex and ever-evolving area of law. If you have questions about your rights under consumer credit law, you should consult with an attorney.
Outcome: 04/14/2023 51 Consent STIPULATION of Dismissal for Equifax Information Services, LLC by Nancy Kimble. (Ridge, Garth) (Entered: 04/14/2023)
Plaintiff's Experts:
Defendant's Experts:
Comments: